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Thursday, July 30, 2020 3:50:49 PM
By: Avi Gilburt | July 27, 2020
Following the Elliott Wave analysis:
For many years, I have noted to the members of Elliottwavetrader and The Market Pinball Wizard that I have not been a fan of banks. In fact, they are on my list of stocks that I intend on shorting once we move towards the 2023 time frame. But, while many are focused upon the upside potential in various banks in the coming 2-3 years, I have been quite concerned about the goals of many of these banks, based upon some of the moves they have made over the past few years.
Chart on Goldman Sachs (GS) - Monthy
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